WARNING: Professional Sports Don't Make Millionaires
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About this ebook
About the Book
In recent years, the devastating financial troubles of professional athletes have been well documented. Though many receive high paying contracts that are coveted by most, several athletes find themselves without money and much of a future past their playing days. Business Strategist, Chris “Fish” Fisher, has identified one of the main causes to this growing epidemic, professional sports do not make true millionaires.
In part 1 of a 3 book series, “Warning: Professional Sports Don’t Make Millionaires”, the story futures a rookie super star athlete, Dennis Ware, who recently was drafted to play professional basketball. For years, Dennis has dreamed of making it big as a professional athlete. Now that his dream is finally here, he enters a new lifestyle that he finds himself unprepared for.
Joining Dennis on this journey is teammate turned mentor, Lance Pearson. Lance was fortunate enough to receive excellent guidance from wise mentors in the past. The many lessons he learned has allowed him to not only experience an iconic playing career, but also look forward to life after sports. Lance finds himself paying it forward by teaching Dennis critical lessons on how to excel in his playing career by incorporating a few proven business strategies to his game plan. Some of these lessons include:
* The Millionaire Playbook: What They Do That Most Don’t:
* How to bring V.A.L.U.E. to your Business Plan
* Conquering the Traps of the Industry
* Ballin’ on a Budget: 12 Rules to Help You Excel at Budgeting
* 10 Steps to Building a Power Team You can Trust
* Developing a Solid Exit Strategy
* And More
Join Dennis and Lance on this journey to find out if the rookie decides to accept or reject the coaching from the veteran player.
Chris "Fish" Fisher
Chris “Fish” Fisher is the co-founder and Senior Managing Partner for Elite 35 Sports Institute. As a sought after keynote speaker, business strategist, experienced entrepreneur, and community leader, he teaches athletes and entrepreneurs proven business strategies by helping them identify opportunities and trends within their industry.As the author of “Warning: Professional Sports Don’t Make Millionaires”, Fish provides athletes with an innovative perspective on how to incorporate proven business strategies into their business game plan. Through this work, he not only identified key business constraints that athletes face within the sports industry, but he also provided solutions on how to combat the various predicaments.As a Florida A&M University MBA, His professional experience includes Director of Marketing for First Chronicles Business Management Firm, Director of Business Development for II (Two) Lane All Sports, Co-Founder and Owner of Sound Mind Properties, Co-Owner of A-Plus Events, and Assistant Athletic Director at FAMU Developmental Research School. In the midst of his various rolls, he also finds the time to coach high school football in Dallas, Texas.His personal mission is to pour into the lives of athletes both on and off the field, while helping bring about change to their financial outlook by providing pioneering business training.Currently, Fish resides in Dallas, Texas with his wife and daughter.
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WARNING - Chris "Fish" Fisher
WARNING: PROFESSIONAL SPORTS DON’T MAKE MILLIONAIRES
BY Chris Fish
Fisher & Millicent G. Callahan
Copyright Elite 35 Sports Institute 2014
Published by Elite 35 Sports Institute at Smashwords
www.Elite35Sports.com
Copyright 2014 by Elite 35 Sports Institute
Published by Elite 35 Sports Institute
Dallas, TX 75214
All rights reserved. No portion of this book may be reproduced, stored in a retrieval system, or transmitted in any form or by any means – electronic, mechanical, photocopy, recording, scanning, or other – except for brief quotations in critical reviews or articles, without the prior written permission of the publisher.
The author has taken reasonable precautions in the preparation of this book and believes the facts presented in the book are accurate as of the date it was written. However, neither the author nor the publisher assumes any responsibility for any errors or omissions.
This publication is designed to provide accurate and authoritative information with regard to the subject matter covered. It is sold with the understanding that the publisher and author is not engaged in rendering financial, accounting, legal, or other professional advice. The publication is designed to provide general information regarding the subject matter covered. However, laws and practices often vary from state to state and are subject to change. Because each factual situation is different, specific advice should be tailored to the particular circumstances. For this reason, the reader is advised to consult with his or her own advisor regarding the individual’s specific situation.
First Printing: 2014
Editors: Maria Fisher and Terri Quinton
Cover Design: Christopher J. Fisher
ISBN Lulu Paperback: 978-1-312-34093-0
ISBN Lulu eBook: 978-1-312-34332-0
ISBN-13 CreateSpace Paperback: 978-1-500-48438-5
ISBN Smashwords: 978-1-311-77813-0
Elite 35 Sports Publishing a Division of Elite 35 Sports Institute
www.WarningProSports.com
Acknowledgements
You are my strength. You are my provider. You are the CEO of my life. I thank you for You. My God. My savior. Jesus Christ.
A special thanks to my wife for her unwavering support, to my daughter and her undeniable love, to the numerous mentors who have poured into my life, to my family members who helped pave the way, to my friends who help keep me humble, and my mother for her un-thinkable sacrifices for me through the years. You all made this project possible.
Chapter 1:
The Lottery Experience
WELCOME to the Professional Basketball League (PBL) 2013 Rookie Draft!!
announced Commissioner Peter Davis.
The crowd roared at the sound of the Commissioner’s words. The anticipation in the room grew to see who was going to be the #1 overall pick. There were all kinds of rumors of who it would be, but no one knew. It was rumored to be between three young men, the extremely versatile 6’9 Small Forward Dillon Covington, the dynamic 6’5
Shooting Guard Dennis Ware, or the powerful 7’1" Center Jason Randle. All three of these players were considered franchise changing caliber athletes, but only one could go as the #1 pick held by the Tampa Bay Waves. Even though only one guy could be the #1 pick overall, it was no secret that each of these gentlemen were about to become instant MILLIONAIRES.
Not only were they about to become instant millionaires, but their lifelong dreams were about to be fulfilled. This was especially true for Dennis Ware. Dennis, or Dee Ware as his friends called him, like many other athletes came from very humble beginnings. Matter of fact, basketball was his only escape to a much too distant and unrealistic, for most, paradise. Life was not always easy for this extremely popular small town kid. It was basketball that helped him mentally escape from the drugs and petty crime in his city. It was basketball that also helped him mentally escape from the almost daily Dee Ware! Dee Ware! Don’t forget me when you make it big
statements. The pressures of a talented small town kid grew greater. He was the best news in town in over 30 years and the whole town was counting on him to make it big. It was basketball that helped Dennis from becoming another highly negative statistic. Most guys his age were either in jail, up to no good, or worse…dead.
Post high school, Dennis went far out of town to play college basketball at Tech University. He was coming off of an iconic freshman year. He was named to the 1st Team All American Team, 1st Team All Conference, Conference MVP and was the Newcomer of the Year Award recipient. He also set single season school records for most points by a freshman; most 3 pointers made by a freshman; and most steals by a freshman. If that wasn’t enough, he also led his school to its first appearance in almost thirty five years to the American College Final Four tournament, where they lost in the Final Four to a heart breaking buzzer beater.
Because of his play on the court during his freshman year, he had suitors from every major shoe company ready to give him at the least a 10-year, $128 Million shoe endorsement contract. Not only did he have shoe endorsement deals like his other two draft day counterparts, he had multiple million dollar endorsement deals waiting for his picking just as soon as he was drafted into the league. Needless-to-say, draft day was huge for not only Dennis, but for all the other players anxiously waiting to hear their names called as well. This day was a forever life-altering day.
It was two minutes after Commissioner Davis announced the opening of Draft Day that the Tampa Bay Waves submitted their choice for their first pick of the draft. That was the longest two minutes of Dennis’ and every other athletes’ life.
As Commissioner Davis walked up to the stage to announce the pick, the crowd began to rumble and everyone sat up in their seats at full attention. All eyes were on the Commissioner as he began. With the #1 pick of the 2013 Draft, the Tampa Bay Waves selects...
as if there were any more anticipation needed, Commissioner Davis took a brief, but what felt like a lifetime pause. Dennis Ware!! 6’5
Shooting Guard from Tech University"
As the emotions and chills ran through his body, he didn’t know whether or not to shout, run in circles, or cry tears of joy. Although it was long anticipated, it was finally here and it just didn’t feel real. It felt more like a dream. All he kept saying to himself was, Look how far this small-town, awkwardly tall, kid has come! Look at me now!
As he began to stand, he looked up and mumbled, Thank You God!
He then leaned over to give his very emotional mother a hug.
He continued to dap up his agent and the rest of his other overly excited family members who were with him in the back. As he proceeded to receive his hat, jersey, and shake hands with the commissioner, the crowd cheered the moment he made it to the stage. Simultaneously in the background, he heard the flashing of cameras and reports starting to excessively analyze the move made by his newly assigned organization.
It was here. The moment he had been waiting for his entire life. His DREAM was now his reality. No more waking up poor. The life of a young millionaire had arrived.
TIME TO TAKE ACTION
Take time after each chapter to complete these action steps.
1.Imagine you have just got drafted to be a professional athlete. Write down what it will mean to you